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Obama Has 250,000 'Contractors' in Iraq and Afghan Wars, Increases Number of Mercenaries

A couple of years ago, Blackwater executive Joseph Schmitz seemed to see a silver lining for mercenary companies with the prospect of US forces being withdrawn or reduced in Iraq. "There is a scenario where we could as a government, the United States, could pull back the military footprint," Schmitz said. "And there would then be more of a need for private contractors to go in."

When it comes to armed contractors, it seems that Schmitz was right.